Search found 3274 matches
- Wed Mar 20, 2019 11:32 am
- Forum: Investing - Theory, News & General
- Topic: Three-Fund Portfolio (2nd Grader's) vs S&P 500
- Replies: 39
- Views: 7621
Re: Three-Fund Portfolio (2nd Grader's) vs S&P 500
My favorite investing quote is from Larry Swedroe, who wisely said ”Don’t confuse strategy with outcome”
- Sun Mar 17, 2019 6:46 pm
- Forum: Investing - Theory, News & General
- Topic: Favorite investment quote
- Replies: 73
- Views: 6012
Re: Favorite investment quote
Don’t confuse strategy and outcome.
— Larry Swedroe
— Larry Swedroe
- Sun Mar 10, 2019 10:22 pm
- Forum: Personal Consumer Issues
- Topic: PC Games
- Replies: 32
- Views: 3558
Re: PC Games
My favorite turn-based strategy game is The Battle for Wesnoth, even though I stink at it
- Sun Mar 10, 2019 10:44 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
28 February 2019 FTSE numbers (in millions of USD):
27,703,759 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
23,189,088 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
20,064,990 - U.S. bonds - FTSE US Broad Investment-Grade index
18,682,060 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
30.91% US stocks (VTSAX,VTI,ITOT)
25.87% ex US stocks (VTIAX,VXUS,IXUS)
22.38% US bonds (VBTLX,BND,AGG)
20.84% ex US bonds (VTABX,BNDX,IAGG)
Or, alternatively:
56.77% world stocks (VT,VTWAX)
43.23% world bonds (BNDW)
27,703,759 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
23,189,088 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
20,064,990 - U.S. bonds - FTSE US Broad Investment-Grade index
18,682,060 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
30.91% US stocks (VTSAX,VTI,ITOT)
25.87% ex US stocks (VTIAX,VXUS,IXUS)
22.38% US bonds (VBTLX,BND,AGG)
20.84% ex US bonds (VTABX,BNDX,IAGG)
Or, alternatively:
56.77% world stocks (VT,VTWAX)
43.23% world bonds (BNDW)
- Sat Mar 02, 2019 9:27 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard's march toward paperless
- Replies: 5
- Views: 1887
Vanguard's march toward paperless
An interesting bit of news in the latest Vanguard Annual Reports regarding the trend towards paperless:
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
- Wed Feb 27, 2019 6:14 pm
- Forum: Personal Investments
- Topic: David Swensen Bond ETFs
- Replies: 7
- Views: 975
Re: David Swensen Bond ETFs
Back in 2006, Boglehead poster Rich emailed Swensen directly to ask for clarification regarding bond maturity/duration. His response:
In general, though, an intermediate-term fund gets you pretty close to the overall market duration. Vanguard's Intermediate-Term Treasury Index fund (VSIGX), for example, has a duration of 5.1, while the S&P U.S. Treasury Bond Index is 5.27
So, for the treasury portion, GOVT would certainly seem to be the gold standard. Not sure about the TIPS portion, as there doesn't seem to be a 'total TIPS' fund/ETF.Thank you for your nice message - In response to your question about the bond portfolio, I would try to match the market characteristics...
In general, though, an intermediate-term fund gets you pretty close to the overall market duration. Vanguard's Intermediate-Term Treasury Index fund (VSIGX), for example, has a duration of 5.1, while the S&P U.S. Treasury Bond Index is 5.27
- Fri Feb 15, 2019 10:34 am
- Forum: Investing - Theory, News & General
- Topic: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out
- Replies: 100
- Views: 24017
Re: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out
Foreign tax credit information for Total World for 2018: https://advisors.vanguard.com/VGApp/iip ... ldFund2018
Your 1099 will show actual amount of foreign tax, foreign income, and QDI eligible foreign income.
Your 1099 will show actual amount of foreign tax, foreign income, and QDI eligible foreign income.
- Thu Feb 14, 2019 10:20 am
- Forum: Personal Finance (Not Investing)
- Topic: How to live well in retirement below the poverty line (not pay taxes)
- Replies: 48
- Views: 7448
Re: How to live well in retirement below the poverty line (not pay taxes)
Here's a specific post from GoCurryCracker: Never Pay Taxes Again.
Basic points:
- Choose leisure over labor
- Live well for less
- Leverage Roth IRA Conversions
- Harvest Capital Losses AND Capital Gains
- Fri Feb 01, 2019 2:50 pm
- Forum: Investing - Theory, News & General
- Topic: WSJ: Dozens of Advisers Face Claims of Overcharging for Mutual Funds
- Replies: 4
- Views: 1450
Re: WSJ: Dozens of Advisers Face Claims of Overcharging for Mutual Funds
You gotta love it when they still charge a 12b-1 fee (a marketing fee) for funds that are closed to new investors.
- Thu Jan 31, 2019 2:59 pm
- Forum: Personal Consumer Issues
- Topic: Use of DAC
- Replies: 11
- Views: 1001
Re: Use of DAC
If you're talking about something like a CD player, the internal DAC connects to the analog player outputs and then to your preamp or receiver or whatever.
If you are going to use an external DAC it gets hooked up to the digital output of the player, which can be one of several type of connectors, including optical. The external DAC analog outputs then connect to your preamp/receiver/whatever.
So basically, you override the internal DAC simply by not using its analog output.
If you are going to use an external DAC it gets hooked up to the digital output of the player, which can be one of several type of connectors, including optical. The external DAC analog outputs then connect to your preamp/receiver/whatever.
So basically, you override the internal DAC simply by not using its analog output.
- Wed Jan 30, 2019 11:22 pm
- Forum: Personal Investments
- Topic: Sector allocation in Vanguard TSM vs sector portolio of ETFs?
- Replies: 4
- Views: 468
Re: Sector allocation in Vanguard TSM vs sector portolio of ETFs?
There are 11 sectors.
You only list 8.
Why ignore the other 3 altogether?
You only list 8.
Why ignore the other 3 altogether?
- Mon Jan 28, 2019 2:53 pm
- Forum: Forum Issues and Administration
- Topic: Earliest “Joined “ Date
- Replies: 7
- Views: 1714
Re: Earliest “Joined “ Date
- Wed Jan 23, 2019 10:36 pm
- Forum: Investing - Theory, News & General
- Topic: Does minimum volatility give better returns?
- Replies: 72
- Views: 9384
Re: Does minimum volatility give better returns?
That may be because they’re both denominated in the same currency.
I don’t know about Euro denominated global minimum volatility funds, but if you look at the US dollar denominated ones, it seems that the outperformance isn’t so much because of the minimum volatility aspect but the currency hedging.
- Mon Jan 21, 2019 5:22 pm
- Forum: Investing - Theory, News & General
- Topic: One Fund to Rule Them All
- Replies: 52
- Views: 7136
Re: One Fund to Rule Them All
Her plan sounds exactly like what Burton Malkiel and Charles D. Ellis recommend in their book The Elements of Investing.
https://www.kiplinger.com/article/inves ... folio.html
https://www.kiplinger.com/article/inves ... folio.html
- Sat Jan 19, 2019 10:14 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
December 31 2018 FTSE numbers (in millions of USD):
24,755,128 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
21,226,260 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
20,005,980 - U.S. bonds - FTSE US Broad Investment-Grade index
18,167,100 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
29.42% US stocks (VTSAX, VTI, ITOT)
25.22% ex US stocks (VTIAX, VXUS, IXUS)
23.77% US bonds (VBTLX, BND, AGG)
21.59% ex US bonds (VTABX, BNDX, IAGG)
Or, alternatively:
54.64% world stocks (VT)
45.36% world bonds (BNDW)
24,755,128 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
21,226,260 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
20,005,980 - U.S. bonds - FTSE US Broad Investment-Grade index
18,167,100 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
29.42% US stocks (VTSAX, VTI, ITOT)
25.22% ex US stocks (VTIAX, VXUS, IXUS)
23.77% US bonds (VBTLX, BND, AGG)
21.59% ex US bonds (VTABX, BNDX, IAGG)
Or, alternatively:
54.64% world stocks (VT)
45.36% world bonds (BNDW)
- Wed Jan 02, 2019 3:43 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
Any idea why your bond numbers differ from Vanguard Total World Bond ETF (BNDW)? They put international at 52.8%. https://investor.vanguard.com/etf/profile/portfolio/bndw Two possible reasons. First, different index providers. Sharpe suggests Citi indexes (now part of FTSE) since the numbers are publicly available. The Bloomberg Barclay's index that Vanguard isn't publicly available. The second may be in the actual holdings of the funds. The 52.8% BNDX holding of BNDW doesn't mean 52.8% in international bonds, since BNDX actually holds some U.S. bonds (and vice versa for BND). Although, the holdings look pretty screwy if you check the rest of Vanguard's BNDW page. It's currently showing a lot less than 52.8% international: https://i.imgur....
- Wed Jan 02, 2019 3:18 pm
- Forum: Personal Investments
- Topic: VG advises 15% International Bonds (VTABX)... Why?
- Replies: 72
- Views: 11742
Re: VG advises 15% International Bonds (VTABX)... Why?
...(and lower yields)... Don't forget to factor in the currency hedging. According to Morningstar, the hedging has added 3 percentage points a year to its return. And its returned more than Total (U.S.) Bond since its inception (5/31/2013). http://quotes.morningstar.com/chart/fund/chart?t=VTABX®ion=usa&culture=en_US&dataParams=%7B%22zoomKey%22%3A9%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defaultShowName%22%3A%22name%22%2C%22mainSettingId%22%3A%22main%22%2C%22navSettingId%22%3A%22nav%22%2C%22benchmarkSettingId%22%3A%22benchmark%22%2C%22sliderBgSettingId%22%3A%22sliderBg%22%2C%22volumeSettingId%22%3A%22volume%22%2C%22defaultBenchmark%22%3Afalse%2C%22id%22%3A%22F00000NBIL%7CFOUSA02TYI%22%2C%22type%22%3A%22FO%7CFO%...
- Sat Dec 22, 2018 5:21 pm
- Forum: Personal Investments
- Topic: How to find today's US/Intl split in Total World Stock Index
- Replies: 2
- Views: 599
Re: How to find today's US/Intl split in Total World Stock Index
The source index data from FTSE is only updated once a month.
https://www.ftse.com/Analytics/FactShee ... me=GEISLMS
https://www.ftse.com/Analytics/FactShee ... me=GEISLMS
- Tue Dec 18, 2018 12:07 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
Bill Bernstein's Efficient Frontier article The Retirement Calculator From Hell, Part I is worth a read here regarding 4-5% adjusted/fixed withdrawal amounts.
http://www.efficientfrontier.com/ef/998/hell.htm
http://www.efficientfrontier.com/ef/998/hell.htm
- Tue Dec 18, 2018 9:38 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
For stocks, click the Global All Cap link under the Factsheets section here: https://www.ftse.com/products/indices/g ... 1524324838Valuethinker wrote: ↑Tue Dec 18, 2018 5:03 am I will have to look back to search through the thread to see where this data comes from, but extracting it here is very valuable - thank you.
For bonds, check out the WorldBIG and USBIG indexes here: https://www.yieldbook.com/m/indices/browse.shtml
- Mon Dec 17, 2018 1:00 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
November 30, 2018 FTSE numbers (in millions of USD):
27,519,857 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
22,250,385 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
19,633,480 - U.S. bonds - FTSE US Broad Investment-Grade index
17,823,240 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
31.55% US stocks (VTSAX)
25.51% ex US stocks (VTIAX)
22.51% US bonds (VBTLX)
20.43% ex US bonds (VTABX)
Or,
57.06% world stocks (VT)
42.94% world bonds (BNDW)
27,519,857 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
22,250,385 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
19,633,480 - U.S. bonds - FTSE US Broad Investment-Grade index
17,823,240 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
31.55% US stocks (VTSAX)
25.51% ex US stocks (VTIAX)
22.51% US bonds (VBTLX)
20.43% ex US bonds (VTABX)
Or,
57.06% world stocks (VT)
42.94% world bonds (BNDW)
- Mon Dec 03, 2018 2:46 pm
- Forum: Investing - Theory, News & General
- Topic: Rules of thumb for allocation/exposure
- Replies: 29
- Views: 2745
Re: Rules of thumb for allocation/exposure
‘Age in bonds’ seems to imply a precision in asset allocation that doesn’t actually exist.
I’ve always preferred Bogle’s more general allocation advice:
I’ve always preferred Bogle’s more general allocation advice:
- Mon Dec 03, 2018 9:24 am
- Forum: Investing - Theory, News & General
- Topic: Big endowments don't beat simple 60/40 over 10 yrs.
- Replies: 25
- Views: 3810
Re: Big endowments don't beat simple 60/40 over 10 yrs.
A 'Bogle Model' three-fund portfolio consisting of 40% Total U.S. Stock, 20% International Stock, and 40% Total Bond also comes out well compared to the endowments:Ketawa wrote: ↑Mon Dec 03, 2018 8:34 amHow useful is this takeaway when the endowments are compared to a U.S.-only portfolio?EvelynTroy wrote: ↑Mon Dec 03, 2018 7:52 am The performance of Ivy League endowments has trailed a passive portfolio of 60 percent U.S. stocks and 40 percent bonds over the past ten years — and has been more volatile to boot, according to a new report from research and analytics provider Markov Processes International.
Evelyn
https://awealthofcommonsense.com/2017/0 ... ale-model/
- Sun Dec 02, 2018 7:32 am
- Forum: Investing - Theory, News & General
- Topic: foreign tax credit
- Replies: 12
- Views: 1209
Re: foreign tax credit
From IRS Publication 514:
Your foreign tax credit cannot be more than your total U.S. tax liability (Form 1040, line 44) multiplied by a fraction. The numerator of the fraction is your taxable income from sources outside the United States. The denominator is your total taxable income from U.S. and foreign sources.
Your foreign tax credit cannot be more than your total U.S. tax liability (Form 1040, line 44) multiplied by a fraction. The numerator of the fraction is your taxable income from sources outside the United States. The denominator is your total taxable income from U.S. and foreign sources.
- Mon Nov 12, 2018 8:35 am
- Forum: Personal Consumer Issues
- Topic: How long have you had, or did you have, your HP-12C calculator?
- Replies: 72
- Views: 4784
Re: How long have you had, or did you have, your HP-12C calculator?
I've had an HP-11C since 1983, so 35 years.
Still works like it did day one. Built like a tank.
RPN FTW!
Still works like it did day one. Built like a tank.
RPN FTW!
- Thu Nov 08, 2018 8:43 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
October 31st FTSE numbers (in millions of USD):
27,114,191 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
22,090,263 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
19,567,750 - U.S. bonds - FTSE US Broad Investment-Grade index
17,781,160 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
31.33% US stocks (VTSAX)
25.52% ex US stocks (VTIAX)
22.61% US bonds (VBTLX)
20.54% ex US bonds (VTABX)
Or,
56.85% world stocks (VT)
43.15% world bonds (BNDW)
27,114,191 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown
22,090,263 - ex U.S. stocks - FTSE Global All-Cap index minus U.S.
19,567,750 - U.S. bonds - FTSE US Broad Investment-Grade index
17,781,160 - ex U.S. bonds - FTSE World Broad Investment-Grade index minus U.S.
So that equates to allocation percentages of:
31.33% US stocks (VTSAX)
25.52% ex US stocks (VTIAX)
22.61% US bonds (VBTLX)
20.54% ex US bonds (VTABX)
Or,
56.85% world stocks (VT)
43.15% world bonds (BNDW)
- Thu Nov 01, 2018 10:02 am
- Forum: US Chapters
- Topic: NE Ohio (Cleveland Area) Master Thread
- Replies: 255
- Views: 138883
Re: NE Ohio (Cleveland Area) Master Thread
Unfortunately, I also had to miss October's meeting.
When is the next December meeting? December 8th?
When is the next December meeting? December 8th?
- Thu Nov 01, 2018 9:59 am
- Forum: Investing - Theory, News & General
- Topic: David Swensen Unconventional Success
- Replies: 123
- Views: 16241
Re: David Swensen Unconventional Success
...What about other asset classes that may not have been as accessible in a low cost format when the book was published such as International REITs (i.e. Swensen recommend a large allocation to REITs in general and a larger (at the time) international allocation), International Bonds, etc. As far as foreign bonds, it doesn't seem that accessibility was the reason that Swensen placed them solidly in the 'Non-Core' category: Foreign-currency denominated bonds share domestic bonds' burden of low expected returns without the benefit of domestic fixed income's special diversifying power. Fully hedged foreign bonds mimic U.S. bonds (with the disadvantage of added complexity and costs stemming from the hedging process). Unhedged foreign bonds sup...
- Wed Oct 31, 2018 9:54 am
- Forum: Personal Consumer Issues
- Topic: USPS - Informed delivery - complain on missing items?
- Replies: 71
- Views: 25210
Re: USPS - Informed delivery - complain on missing items?
The same thing happened to me. They couldn’t find it and then gave up looking.2015 wrote: ↑Tue Oct 30, 2018 10:34 pmSame here, except I heard back a few months later stating they couldn't find it and were closing the case. My fault for wasting my time with the postal disservice.alpenglow wrote: ↑Tue Oct 30, 2018 6:56 pmHas anything ever come of it? I clicked the report missing mail link once but never got any follow-up.TravelGeek wrote: ↑Tue Oct 30, 2018 6:55 pm Yes, I file a missing item report if something doesn’t show up.
I received the missing item 11 months later
- Thu Sep 27, 2018 10:20 pm
- Forum: Personal Investments
- Topic: Warren Buffet Portfolio Critique
- Replies: 56
- Views: 6119
Re: Warren Buffet Portfolio Critique
In this case, I don’t think it does.
During the CNBC interviews with Becky Quick, she asked about this recommendation and Buffett explained further.
He said the ‘short-term governments’ were so she could withdraw from those in years the market was down.
He also talked about her having a 3 or 4% withdrawal rate, the same numbers we talk about here, whatever the overall portfolio size.
- Fri Sep 14, 2018 10:34 am
- Forum: Investing - Theory, News & General
- Topic: Age in Bonds - Still Recommended?
- Replies: 152
- Views: 15536
Re: Age in Bonds - Still Recommended?
I’ve always preferred Bogle’s more general allocation advice from his first book:
- Thu Sep 13, 2018 8:53 am
- Forum: Personal Investments
- Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
- Replies: 65
- Views: 13298
- Wed Sep 12, 2018 9:02 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
Oops, typo. Fixed it in the original post. Thanks for catching it.asset_chaos wrote: ↑Tue Sep 11, 2018 3:40 pmWhy the par amount instead of market value? Not that they are very different now. Aug 31 factsheet says 19,619.75 for market value.
- Tue Sep 11, 2018 10:19 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
There has been an interesting development regarding the indexes that Sharpe has been using for this portfolio. The Citi bond indexes are now FTSE Russell indexes. This means that it is now possible to get numbers for all four portfolio components from FTSE. This would presumably give a bit more consistency than getting numbers from three different index providers. The U.S. stock number can also now be found from FTSE as an individual breakdown number for the U.S. in the FTSE Global All-Cap index number. Another benefit of using all FTSE numbers is that they come out monthly, rather than quarterly. So, using August 31st FTSE numbers (in millions of USD): 29,273,216 - U.S. stocks - FTSE Global All-Cap index, U.S. breakdown 24,099,318 - ex U.S...
- Thu Sep 06, 2018 9:50 am
- Forum: Investing - Theory, News & General
- Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
- Replies: 48
- Views: 7725
Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Volume so far, in the first hour of existence, about $11,000.
Come on, William Sharpe, buy!
Come on, William Sharpe, buy!
- Sun Sep 02, 2018 7:01 pm
- Forum: Investing - Theory, News & General
- Topic: What constitutes a haystack? (for stocks)
- Replies: 32
- Views: 3260
Re: What constitutes a haystack? (for stocks)
William Sharpe prefers what he calls the “World Bond Stock” portfolio, which he constructs using Vanguard’s big-four total market funds. Current composition:
31.29% US stocks
26.62% ex US stocks
21.38% US bonds
20.71% ex US bonds
viewtopic.php?f=10&t=207804
31.29% US stocks
26.62% ex US stocks
21.38% US bonds
20.71% ex US bonds
viewtopic.php?f=10&t=207804
- Wed Aug 22, 2018 10:09 am
- Forum: Investing - Theory, News & General
- Topic: Launch date for Vanguard Total World Bond ETF?
- Replies: 4
- Views: 1410
Re: Launch date for Vanguard Total World Bond ETF?
Apparently there is another global bond fund coming out as well. Vanguard Global Credit Bond Fund, coming out in November.
https://pressroom.vanguard.com/news/Pre ... 92018.html
https://pressroom.vanguard.com/news/Pre ... 92018.html
- Tue Aug 21, 2018 11:17 pm
- Forum: Investing - Theory, News & General
- Topic: Launch date for Vanguard Total World Bond ETF?
- Replies: 4
- Views: 1410
Re: Launch date for Vanguard Total World Bond ETF?
Maybe pretty soon. It has been approved for listing on the NASDAQ exchange
https://www.sec.gov/Archives/edgar/data ... t_BNDW.pdf
https://www.sec.gov/Archives/edgar/data ... t_BNDW.pdf
- Tue Aug 21, 2018 9:05 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard to offer non-Vanguard ETFs commission-free
- Replies: 245
- Views: 32055
Re: Vanguard to offer non-Vanguard ETFs commission-free
They're here!
Tuesday August 21st.
Big announcement on the homepage.
Although, the website seems to be swamped, as I've been trying for 15 minutes to get the trading page to come up.
Here is the full list of commission-free (and not commission-free) ETF's: https://personal.vanguard.com/pdf/etfcfl.pdf
Tuesday August 21st.
Big announcement on the homepage.
Although, the website seems to be swamped, as I've been trying for 15 minutes to get the trading page to come up.
Here is the full list of commission-free (and not commission-free) ETF's: https://personal.vanguard.com/pdf/etfcfl.pdf
- Sun Aug 12, 2018 7:56 pm
- Forum: Investing - Theory, News & General
- Topic: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
- Replies: 21
- Views: 3601
Re: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
That’s another fund that’s global credit and government.spdoublebass wrote: ↑Thu Aug 09, 2018 9:19 pm I thought this new fund was going to be a compliment to Total World stock fund.
viewtopic.php?t=249955
- Tue Aug 07, 2018 10:31 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard to offer non-Vanguard ETFs commission-free
- Replies: 245
- Views: 32055
Re: Vanguard to offer non-Vanguard ETFs commission-free
Vanguard ETF’s are commission-free now. The rest will be in ‘August’ according to their news release.
https://investornews.vanguard/coming-in ... investors/
- Sat Aug 04, 2018 10:25 pm
- Forum: Investing - Theory, News & General
- Topic: The stock market is shrinking.
- Replies: 68
- Views: 9345
Re: The stock market is shrinking.
According to a Vanguard paper, the shrinking number of companies is due to micro-caps. And a lot of their delistings are simply mergers. Basically not a big deal. From the article: Despite the drop in the number of publicly listed companies, there appear to be few, if any, implications for investors. The investable U.S. equity market—the large-, mid-, and small-cap stocks that reflect investors’ investable opportunity set—has remained a relatively constant proportion of the total U.S. equity market, and it has also maintained a consistent level of concentration among its constituents. These proportion and concentration effects are measured in terms of a company’s value, and they are sometimes overlooked by a focus on the shrinking number of...
- Wed Aug 01, 2018 2:27 pm
- Forum: Investing - Theory, News & General
- Topic: Forbes: Using Just 2 Inexpensive Funds To Build Your Long-Term Portfolio
- Replies: 1
- Views: 678
Re: Forbes: Using Just 2 Inexpensive Funds To Build Your Long-Term Portfolio
The two funds are Vanguard Total World Stock (VT) and Vanguard Total Bond (BND).
Total Bond is picked because the article mentions that there aren’t any good world bond funds available. But, the new Vanguard Total World Bond ETF may be out as early as next week.
Total Bond is picked because the article mentions that there aren’t any good world bond funds available. But, the new Vanguard Total World Bond ETF may be out as early as next week.
- Mon Jul 30, 2018 10:02 pm
- Forum: Personal Investments
- Topic: 1 year treasuries @ 2.4% instead of bond funds?
- Replies: 32
- Views: 4514
Re: 1 year treasuries @ 2.4% instead of bond funds?
It’s interesting to note that William Bengen, who started all of the 4% safe-withdrawal research said that the safe withdrawal numbers didn't change if you replaced bonds with cash (1 year T-bills).
- Sun Jul 22, 2018 11:56 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
The 21 number is for the All-World ex-us index, which is large and mid-cap only. Doing the subtraction from the Global index series gets you small-cap too, and so is a more complete number. I realize I was using the wrong index. But just so I understand, why do you have to subtract it from the Global index? There is a FTSE Global ALl Cap Ex US index, Why not just use that and the CRSP? The subtraction is only necessary because I always wind up looking at the main Global index page, which doesn’t break out ex-US. The reason I look at the main Global index page is that is shows the US number which is a second source to compare to the CRSP US number. They’re always close. But your way is easier and better because of no potential math errors.
- Sun Jul 22, 2018 10:34 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
I agree with everything above except the Global all cap ex US. I found that number to be 21,532,624 In your link it shows the global number as 51,639,835 and the US as 27,505,578 51,639,835 - 27,505,578 = 24,134,257 Where did you get the 21,532,624 number? Ok. First, you do not have to subtract anything for the stocks. You use the CRSP index for he US Stocks. Which is 27,900,058 The FTSE Global EX US index is 21,532,624 The USBIG INDEX is 19,066,930 The World BIG-USBIG = 18,463,300 (Here, for bonds, you subtract) Which equals: US STOCK 32.08% INT STOCK 24.76% US BOND 21.93% INT BOND 21.23% The 21 number is for the All-World ex-us index, which is large and mid-cap only. Doing the subtraction from the Global index series gets you small-cap t...
- Sun Jul 22, 2018 11:03 am
- Forum: Investing - Theory, News & General
- Topic: Bill Sharpe's preferred portfolio
- Replies: 681
- Views: 156893
Re: Bill Sharpe's preferred portfolio
The June 2018 end-of-quarter numbers are out for the indexes that Sharpe mentions in the video. So to keep the portfolio allocations up-to-date for anyone who is interested, here are the numbers (in millions of USD): 27,900,058 - US stocks - CRSP US Total Market Index 23,739,777 - ex US stocks - FTSE Global All-Cap Index minus US 19,066,930 - US bonds - Citigroup US Broad Investment-Grade Index 18,463,300 - ex US bonds - Citigroup World Broad Investment-Grade Index minus US So that equates to allocation percentages of: 31.29% US stocks 26.62% ex US stocks 21.38% US bonds 20.71% ex US bonds Or, with the announcement from Vanguard about their new Total World Bond ETF, which is supposed to be out August-ish, the simpler two total-world asset c...
- Tue Jul 17, 2018 10:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Paper tax return filed at deadline - still no refund 7 weeks later
- Replies: 27
- Views: 3143
- Mon Jul 16, 2018 9:41 am
- Forum: Personal Investments
- Topic: Pulling past Vanguard Annual Reports
- Replies: 3
- Views: 368
Re: Pulling past Vanguard Annual Reports
For easier access, the wiki has a page with links to SEC filings:
https://www.bogleheads.org/wiki/Vanguard_SEC_listings
https://www.bogleheads.org/wiki/Vanguard_SEC_listings
- Mon Jul 16, 2018 9:35 am
- Forum: Personal Investments
- Topic: Pulling past Vanguard Annual Reports
- Replies: 3
- Views: 368
Re: Pulling past Vanguard Annual Reports
The SEC has them all. Annual reports are N-CSR. Semiannual are N-CSRS.
Scroll down, as the Star fund is shown first, and then Lifestrategy, and then Total International.
https://www.sec.gov/cgi-bin/browse-edga ... cd=filings
Scroll down, as the Star fund is shown first, and then Lifestrategy, and then Total International.
https://www.sec.gov/cgi-bin/browse-edga ... cd=filings